Nexera Energy (TSXV:NGY) ROCE % : 0.00% (As of Dec. 2024)

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What is Nexera Energy ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Nexera Energy's annualized ROCE % for the quarter that ended in Dec. 2024 was 0.00%.

Nexera Energy ROCE % Historical Data

The historical data trend for Nexera Energy's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Nexera Energy ROCE % Chart

Nexera Energy Annual Data

Trend

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ROCE %

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Nexera Energy Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
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Nexera Energy ROCE % Calculation

Nexera Energy's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-1.364	/	( ( (5.127 - 19.312)	+	(3.833 - 21.502) )	/ 2 )
	=	-1.364	/	( (-14.185	+	-17.669)	/ 2 )
	=	-1.364	/	-15.927
	=	8.56 %

Nexera Energy's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	-0.208	/	( ( (3.757 - 23.444)	+	(3.723 - 24.508) )	/ 2 )
	=	-0.208	/	( ( -19.687	+	-20.785 )	/ 2 )
	=	-0.208	/	-20.236
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Nexera Energy (TSXV:NGY) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

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Nexera Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Nexera Energy Inc (TSXV:NGY) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

54th Street South East, Suite 11411, Calgary, AB, CAN, T2C 5R9

Website

https://www.nexeraenergy.com

Nexera Energy Inc is a Canada based company with oil-producing properties in Southwest Texas as well as non-operated oil and natural gas interests in Central Alberta, Canada. It is engaged in the acquisition, exploration, and development of petroleum and natural gas properties, in Alberta, Canada and Texas, USA. The company derives revenue from the sale of crude oil, natural gas, and natural gas liquids, of which key revenue is earned from the sale of crude oil.

Executives

Carlo Enrique Gutierrez	Director
Michael Rice	Senior Officer
Clarence Wagenaar	10% Security Holder
Kendall Dilling	Director

Nexera Energy Headlines

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